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Sample Mr. John Doe Apt 7-F RE: Apt 7-F 1. You hereby employ BROKER COMPANY and grant to them the exclusive right to negotiate for and sell your apartment located at 345 West 88th Street, Apt 7-F, and known as Apartment 7-F for the sum of $500,000 or a price acceptable to you, and within the time limits and on the other terms and conditions set forth in the Contract of Sale for the sale of the Apartment. You represent to us that you are the owner of all of the shares of stock allocated to the Apartment, namely ____ shares, and that you are the lessee under the appurtenant proprietary lease for the Apartment. 2. This agreement shall be effective upon execution by the parties hereto and shall remain in effect for 180 days from the date of signature below. 3. This apartment may be shown only through Lee Presser and licensed brokers affiliated with BROKER COMPANY. 4. During the term of this exclusive right, you agree to refer to BROKER COMPANY all inquiries, proposals and offers received by you regarding the Apartment, including, but not limited to those from principals and other brokers, and you agree to conduct all negotiations with respect to the sale or other disposition of the Apartment solely and exclusively through BROKER COMPANY. 5. The commission due to BROKER COMPANY to be paid by you in connection with the sale or other disposition of the Apartment, will be computed based upon six (6%) percent of the total sales price, whether such a sale is procured by BROKER COMPANY, by another broker, or by you. 6. Within ten (10) days from the expiration date, BROKER COMPANYshall deliver to you a list of no more than fifteen (15) prospective purchasers who inspected the apartment during the term of this exclusive. If within six (6) months a contract is signed to sell the apartment to purchaser on said list, BROKER COMPANY shall be entitled to the commission provided for in paragraph 5. 7. 8. As soon as all pertinent information such as floor plans, special features, and relevant building information can be assembled professionally, BROKER COMPANY will publicize the property and solicit the cooperation of the leading real estate concerns, which deal in this type of property. BROKER COMPANY also keeps those companies apprised of any important informational changes. 9. BROKER COMPANY will host a series of "open houses" with your approval to better acquaint the brokerage community with the finest features of your home. 10. BROKER COMPANY will immediately submit all offers to you and as negotiations proceed we will endeavor to qualify all serious buyers. 11. BROKER COMPANY agrees to represent your interests to the best of our ability. 12. This agreement, which constitutes the entire agreement between us, may not be changed, rescinded or modified, except in an agreement in writing signed by both parties hereto. Enclosed is a copy of this agreement. Please keep one copy for your personal use and return the other executed copy to us in the enclosed self-addressed envelope to BROKER COMPANY at your earliest convenience. Sincerely, ______________________________ ____________________________ JoAnne Kennedy Lee Presser Chief Operating Officer Associate Broker ACCEPTED BY: |